NOT LISTED FOR SALE

3301 Covert Ave Evansville, IN 47714

Estimated Value: $97,000 - $160,000

3 Beds
1 Bath
1,080 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: May 13, 2022

Last sale price $80,000 $74 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $813 / mo

3 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of May 2022

Affordable, turn-key dental office in a convenient east side location on a main thoroughfare with exposure visibility, signage and parking. Established practice that has been in operation since 1999. All patient charts included with the sale. The building layout lends itself to other options including but not limited to a hair salon / spa, tattoo parlor (sterilization equipment included in the sale). The main floor consists of 3 fully equipped & roomy operatories, a business office, furnished waiting room with an electric fireplace insert with remote, dark room, sterilization room, and full bathroom (bathtub functional but currently covered). Sinks and plenty of cabinetry in all ops, and Pelton & crane track lights mounted on trolleys on ceiling in all ops. Computer networking throughout has been maintained by PC Quest. All equipment included with sale - See full list under MLS documents. 21 years of goodwill. Full unfinished basement served as the lab for crowns, dentures, etc. and could also make a nice area for a break room. 3 yr old fridge in basement included. Improvements per seller: R30 insulation blown into attic about 4 yrs ago, A/C 2-3 yrs old.**Compressor not provided

Last Agent to Sell the Property

Becky Ismail

ERA FIRST ADVANTAGE REALTY, INC Listed on: 03/18/2022

Last Buyer's Agent

Gongjun Yan

Catanese Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Fairlawn Elementary School
  • Mcgary Middle School
  • William Henry Harrison High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 82-06-35-012-072.002-027

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NW SW SEC 36-6-10 AKA GLENADA L 3
  • Parcel Number ID: 82-06-35-012-072.002-027
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2160
  • Total Finished Sq Ft: 1080
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Sq Ft: 1080
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: Dimensions: 22x13, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Other Room1: Dimensions: 12x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1080

Exterior Features

  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

  • Elementary School: Fairlawn

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 2715.16

MLS Schools

  • High School: William Henry Harrison
  • Middle School: McGary
  • School District: Evansville-Vanderburgh School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 17, 2022
Sold by
Crawford Rick W
Bought by
Yang Properties Llc
Seller's Agent
Becky Ismail
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Gongjun Yan
Catanese Real Estate
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$129,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,224
Avg. Annual Appreciation
12.94%
Original Mortgage
$81,000
Outstanding Balance
$71,597
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$57,627
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Yang Properties Llc $80,000 Carl Christopher E
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Properties Llc $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 For Sale $89,900 +12.4% $83 / Sq Ft
05/16/2022 05/16/22 Off Market $80,000 -- --
05/13/2022 05/13/22 Sold $80,000 -11.0% $74 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $89,900 -- $83 / Sq Ft
Source: Indiana Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,523 $87,000 $22,500 $64,500
2024 $2,428 $76,900 $22,500 $54,400
2023 $2,439 $76,900 $22,500 $54,400
2022 $2,903 $91,200 $22,500 $68,700
2021 $2,742 $85,100 $22,500 $62,600
2020 $2,715 $85,600 $22,500 $63,100
2019 $2,714 $85,900 $22,500 $63,400
2018 $2,721 $85,900 $22,500 $63,400
2017 $2,694 $84,700 $22,500 $62,200
2016 $2,713 $85,200 $22,500 $62,700
2014 $2,682 $84,200 $22,500 $61,700
2013 -- $85,200 $22,500 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202208926

Indiana Regional MLS

APN: 82-06-35-012-072.002-027

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